Updated Dec 19, 2023
Fort Capital Acquires Industrial Property On Veterans Memorial Dr In Houston
13335 Veterans Memorial Drive, Houston, Texas 77014, United States
Building Size
161,753 SF
Asset Type
Industrial
Closing
Jul 4, 2022
About this deal
AI
An industrial property in Houston has been sold at 13335 Veterans Memorial Dr. The property spans approximately 161,753 square feet and was sold to Fort Capital. The transaction took place on 07/05/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 13335 Veterans Memorial Dr
- Market: Houston
- Buyer: Fort Capital
- Buyer's Representative: Jason Baxter
Jason Baxter, representing Fort Capital, was the buyer in this transaction.
Traded’s record for 13335 Veterans Memorial Drive, Houston, Texas 77014, United States in Houston, Texas covers a industrial sale from 2022. The building is 161,753 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 13335 Veterans Memorial Drive, Houston, Texas 77014, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else sold near 13335 Veterans Memorial Drive, Houston, Texas 77014, United States around 2022. Cite this Fort Capital Acquires Industrial Property On Veterans Memorial Dr In Houston sale when underwriting similar industrial product around Houston, Texas.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93